Private Markets. Curated Access.


A boutique private markets platform connecting sophisticated allocators with curated opportunities across private equity, private credit, direct investments, private company transactions, and selected real asset strategies.

Steven McDermott, Founder and Managing Principal of Black Pearl Private Markets, a private markets placement agent

About

Black Pearl Private Markets is a boutique private markets platform built for discerning allocators who demand rigorous sourcing, genuine selectivity, and a trusted point of contact in an increasingly crowded landscape.

Steven McDermott, CAIA, Founder and Managing Principal, brings more than 30 years of experience across some of the industry's most respected institutions, including BlackRock and Fidelity Investments. A Chartered Alternative Investment Analyst and former chapter head of the CAIA Association in Los Angeles, Steven founded Black Pearl after years of witnessing the same pattern: sophisticated allocators bombarded with undifferentiated deal flow by managers who prioritized volume over fit, and who disappeared once a commitment was made. Black Pearl was built as the antidote to that model, offering allocators a genuinely selective, consultative, and relationship-first approach to private markets access.

What We Do

Black Pearl Private Markets provides curated access to selected opportunities across private equity, private credit, direct investments, private company transactions, and selected real asset strategies, including real estate.

We focus on careful sourcing, disciplined selectivity, and opportunities that merit the attention of sophisticated long-term allocators.

How We Work

Selective by design. We engage with a limited number of opportunities at any given time, chosen for quality and fit rather than volume.

Relationship-driven. We prioritize understanding an allocator's objectives before introducing an opportunity.

Long-term oriented. We value durable relationships and thoughtful engagement over transactional distribution.

Get in Touch

We work with a select group of allocators and managers. If you'd like to explore a conversation, we'd welcome the introduction.

info@blackpearlprivatemarkets.com‍ ‍

+1 (424) 281-0604

A lustrous black pearl resting in an oyster shell, the symbol of Black Pearl Private Markets